Why should electric utilities take a closer look at supply chain risk management?

Why should electric utilities take a closer look at supply chain risk management?

Three years ago, I managed the vendor evaluation process for a utility assessing wireless options for telecom connectivity to substations. The field was limited to two vendors and cybersecurity was an important topic we wanted to explore in more detail with each. One specific area we sought to understand was the process used to address any cybersecurity issues that might arise with the...

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Why obscurity is not your cyber security plan

Last week, the CME Group confirmed that ClearPort, the system it uses to clear privately negotiated block trades in the over-the-counter energy and metals markets, had been hacked in July.  While few details have been released on this incident, coming off recent incidents at NYSE and several large banks, this release should still be a reminder to all IT leaders.…

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